Amazon actually free

Amazon.com (NASDAQ: AMZN) reported first-quarter results Thursday evening. The company crushed its own profit projections, based on sales near the top end of the official guidance range. Let's have a closer look at Amazon's solid report. By the numbers Continue Reading Below Amazon's net sales rose 17% year over year, landing at $59.7 billion. This was achieved despite a currency exchange headwind of $1.1 billion on the top line -- roughly in line with the company's forecast. Back out the currency effects, and Amazon's revenue growth swells to 19%. Management's guidance range for this metric stretched from $56 billion to $60 billion and the actual result nearly matched the very top of this range. Further down the income statement, Amazon's management set up a guidance range between $2.3 billion and $3.3 billion for operating income. As a matter of fact, operating profits more than doubled from $1.93 billion to $4.42 billion. That's the end of Amazon's bare-bones guidance figures for … [Read more...] about Here’s How Amazon.com Crushed Its Profit Guidance in Q2

Elaine Thompson/AP Employees traverse the lobby at Amazon’s Seattle headquarters. The retail giant ended its 14-month-long competition for a second headquarters Nov. 13, 2018, by selecting New York and Arlington, Va., as the joint winners. Loading... November 14, 2018 Two ways to read the story Quick Read Deep Read ( 5 Min. ) By Mark Trumbull Staff writer @MarkTCSM Is geography economic destiny? It can seem that way when Amazon announces it’s going to split its second headquarters between New York City and greater Washington, D.C. Those metros are already superstar cities. They don’t need an extra 50,000 jobs the way other areas do. The phenomenon is hardly limited to Amazon. Between 2007 and 2016, the most prosperous one-fifth of ZIP Codes created more jobs than the other 80 percent of ZIP Codes combined, according to the Economic Innovation Group. What’s the answer? Inland states and metro areas can still prosper … [Read more...] about Amazon and the troubling rise of superstar cities

Amazon.com (NASDAQ: AMZN) is the do-everything store. It continues to attract new loyal customers through its Prime membership service -- over 100 million and growing. The company has expanded its expertise from selling stuff to a host of other services, including Amazon Web Services, Prime Video and Music, and the dynamic duo of Alexa and Echo in smart-home devices. A $1,000 investment in Amazon stock in March 2009 would be worth $24,700 today. Facebook (NASDAQ: FB) boasts 2.7 billion users across all its social media platforms, including Facebook, Instagram, WhatsApp, and Messenger. The rapid growth of digital ad spending has been a boon for the company in recent years, with the stock up 333% since its initial public offering in 2012. Continue Reading Below Both stocks have been big winners for shareholders. But which stock should you buy today? Let's find out. Competitive moat Amazon has a wide moat derived from its vast selection and low prices on, well, everything. The company … [Read more...] about Better Buy: Amazon vs. Facebook

SAN FRANCISCO – Walk down the street on garbage day in many towns, and evidence of our love affair with online shopping is plain to see. Recycling bins overflow with boxes from Amazon, eBay, Walmart and others. All those folded and flattened corrugated cardboard boxes are a testament to Americans' diligent recycling efforts — to a degree. A USA TODAY analysis of several industry studies on cardboard use and recycling paint a different picture.Americans are sending more corrugated cardboard to the landfill than to recycling plants compared to past years. Online sales have surged in the past five years, and cardboard use jumped 8% in the same period, according to the American Forest & Paper Association. Yet cardboard recycling has dropped. Last year, 300,000 fewer tons of corrugated containers were recycled in the USA than in the year before, even as domestic consumption increased 3.5%, according … [Read more...] about Blue bins overflow with Amazon and Walmart boxes. But we’re actually recycling less